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Total Wine & More stores coming to Ann Arbor, Novi, Sterling Heights
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New Bite-Size Doughnuts Coming To McDonald s
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McDonald s May Make These Big Breakfast Changes Soon, Experts Say © Shutterstock mcdonalds breakfast pancakes with sausage coffee on tray
With fewer commuters stopping in for a coffee and an Egg McMuffin in 2020, McDonald s all-day breakfast took a big hit. Things are slowly looking up for this part of the menu, though, with the addition of three pastries earlier this year, and stock market experts think this is only the beginning of the climb. (Related: 100 Unhealthiest Foods on the Plane.)
With at least one COVID-19 vaccine already available and being distributed around the U.S., the experts from the global financial firm UBS believe the burger chain will focus on breakfast in 2021, according to MarketWatch. With a huge number of people working from home this year, a vaccine could mean the return of offices. And those hungry people could be grabbing food and coffee before heading to work.
McDonaldâs upgraded based on strength of new menu items and the anticipated return of breakfast Last Updated: Dec. 15, 2020 at 7:07 a.m. ET First Published: Dec. 14, 2020 at 2:15 p.m. ET By The upcoming launch of the McPlant and a focus on digital are among the drivers for the UBS upgrade
Menu focus, including celebrity collaborations like this one with J Balvin, are the basis for the UBS upgrade McDonald s Email icon
McDonaldâs Corp. MCD,
-0.79% stock rose 2.4% in Monday trading after the fast-food giant was upgraded to buy from neutral and UBS, and the price target was raised to $240 from $230.